Gully Labs raises Rs 8.7 crore in seed funding led by Zeropearl VC

, By The Economic Times
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Gully Labs, India’s homegrown sneaker brand known for blending cultural storytelling with premium craftsmanship, has raised Rs 8.7 crore in its seed round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The company had earlier secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores.

The equity round was led by Zeropearl VC, with participation from a strong cohort of marquee founders…



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Gully Labs raises Rs 8.7 crore in seed funding led by Zeropearl VC

, Published By The Economic Times
Tech


Gully Labs, India’s homegrown sneaker brand known for blending cultural storytelling with premium craftsmanship, has raised Rs 8.7 crore in its seed round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The company had earlier secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores.

The equity round was led by Zeropearl VC, with participation from a strong cohort of marquee founders…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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iOS 26: All the new iPhone features we’re expecting next week
Next News
Virgin Atlantic, TCS ink seven year partnership to modernise airline’s core system with AI-led solutions
The Economic Times

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